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These days, finding an affordable place to live in the 90016 area can be challenging. Home prices in 90016 are now at a median cost of $996,990, higher than the California average of $812,006.
The average cost of rent is $2,046/mo in 90016, primarily driven by the current value of real estate in the 90016 area. In 90016, 65.43% of households rent, and 31.17% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 90016 is $7,267 per month. Households that rent pay about 28.16% of their income on rent here. 90016’s most expensive areas are in the northwestern regions, while the cheapest areas are in the central parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 90008, CA: equally priced homes
- 90019, CA: higher priced homes
- 90018, CA: equally priced homes
- 90035, CA: higher priced homes
- 90232, CA: higher priced homes
- 90036, CA: higher priced homes
- 90034, CA: higher priced homes
- 90211, CA: higher priced homes
- 90062, CA: less expensive homes
- 90043, CA: equally priced homes
Zip Codes with Similar Populations
- 32304, FL: less expensive homes
- 93611, CA: less expensive homes
- 93446, CA: less expensive homes
- 34655, FL: less expensive homes
- 33617, FL: less expensive homes
- 33433, FL: less expensive homes
- 33324, FL: less expensive homes
- 33193, FL: less expensive homes
- 33029, FL: less expensive homes
- 32738, FL: less expensive homes
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